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Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
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1112 Chapman AVE SW, Roanoke, VA 24016 (MLS# 931860)

1112 Chapman AVE SW, Roanoke, VA 24016

New Listing
$450,000
1 2 3 4 5 6
Property Type: MultiFamily Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $450,000 List Date: 9/30/2026 Last Modified: 9/30/2026

Overview

Description

Fully leased four-unit masonry building on Chapman Ave SW in Roanoke. Each unit has 2 bedrooms and 1 bathroom and rents for $1,200 per month, for $4,800 in monthly gross rent ($57,600 a year). All four units hold City of Roanoke Rental Certificates of Compliance valid through June 2029. 100% Occupied. Secondary owner financing may be available to qualified buyers. The property can be bought on its own or as part of a portfolio with other properties. See MLS #931861

Listing Details MLS# 931860

Location, Tax & Legal

Area
0130 - City of Roanoke - SW
Street Number
1112
Street Name
Chapman
Street Suffix
AVE
Street Direction Sfx
SW
State/Province
VA
Zip Code
24016
Subdivision
N/A
Municipality
City of Roanoke
Elementary School
Wasena
Middle School
James Madison
High School
Patrick Henry
Major Area
01 - City of Roanoke
Phase
4
Lot
3
Block
27
Tax ID
122-2506
Annual Taxes
2674
Section
N/A
POA Y/N
No

General Property Description

Multi-Family Type
Quad
Construction Status
Completed
Year Built
1915
Number of Units
4
# Unfurnished
4
# Leased Units
4
Gross Bldg SQFT
4368
Total Acreage
0.14
Basement Y/N
No
Parking Description
On Street
Operating Expense
17633
Net Operating Income
37086
Gross Income
57600
Water Class
N/A
# Furnished
0

Remarks & Misc

Public Remarks
Fully leased four-unit masonry building on Chapman Ave SW in Roanoke. Each unit has 2 bedrooms and 1 bathroom and rents for $1,200 per month, for $4,800 in monthly gross rent ($57,600 a year). All four units hold City of Roanoke Rental Certificates of Compliance valid through June 2029. 100% Occupied. Secondary owner financing may be available to qualified buyers. The property can be bought on its own or as part of a portfolio with other properties. See MLS #931861
Directions
1112 Chapman AVE SW, Roanoke, VA 24016

Limited Service

Not Limited Service
Yes

Construction

Brick
Yes
Stucco
Yes

More Information

Heating

Heat Pump Gas
Yes

Cooling

Window Unit(s)
Yes

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Owner Expenses

Lawn Care
Yes
Management Fee
Yes
Water
Yes

Tenant Expenses

Electricity
Yes
Gas
Yes

Property Features

Limited Service: Not Limited Service Construction: Brick; Stucco Heating: Heat Pump Gas Cooling: Window Unit(s) Water Description: Public Sewer Description: Public Sewer Owner Expenses: Lawn Care; Management Fee; Water Tenant Expenses: Electricity; Gas
Listing Office: INVESTORS REAL ESTATE PARTNERS LLC
Last Updated: September - 30 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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  • Licensed in the Commonwealth of Virginia
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